GSIA

The Ghana Securities Industry Association (GSIA) has rejected the Debt Exchange Programme offered by government. The Association, which is made up of security exchange firms, as well as investment and capital market operators argue that the programme is not acceptable in its current form. They also expressed surprise that an earlier industry consultative inputs was not factored, when the Debt Exchange Programme was launched on December 5, 2022 by the Finance Minister, Ken Ofori-Atta. The Association in a statement argued that a bond is an agreement between two parties hence, any changes to the terms must be agreed to by…